
SATO
A Bitcoin company with responsible mining at its core.
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
Total Funding | 000k |
CAD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | - | - | - | 65 % | (8 %) | (29 %) |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | - | - | - | (20 %) | 19 % | 17 % | - |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | - | - | - | (75 %) | 4 % | 7 % | - |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
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SATO Technologies Corp. operates as a publicly traded technology infrastructure company, specializing in high-performance computing (HPC) with an initial focus on Bitcoin mining. The company was established in 2017 as Canada Computational Unlimited by co-founders and serial entrepreneurs Romain and Mathieu Nouzareth. The brothers have a shared history of founding and exiting multiple tech ventures, including WebConcept, an early e-business consulting firm, and Boonty.com, a digital game distribution company. Their experience in the digital and gaming sectors precedes their venture into the cryptocurrency mining space.
SATO constructs and manages proprietary data centers engineered to deliver efficient computing power. Its primary operations are based in Québec, Canada, where it runs a 20 MW data center powered by low-cost hydroelectric energy. This focus on sustainable energy sources is a key component of its business strategy. The company's business model centers on earning digital assets in exchange for providing computational power to validate transactions on the Bitcoin blockchain. While Bitcoin mining is the current core of its operations, SATO is strategically positioning itself to broaden its services to include infrastructure for Artificial Intelligence (AI) and other HPC applications. In July 2025, the company announced the formation of a wholly-owned subsidiary, Qritical.AI Inc., to lead its expansion into the AI infrastructure market.
As a public entity, SATO is listed on the TSX Venture Exchange under the ticker SATO and on the OTCQB market as CCPU.F, having gone public in 2021. The company's client base implicitly consists of the global Bitcoin network, which rewards miners for securing the blockchain. By expanding into AI and HPC, it will target a new class of clients that require significant, cost-effective computing resources for complex calculations and data processing. SATO emphasizes its operational efficiency, ranking itself among the top three most efficient publicly traded Bitcoin mining companies globally. The company’s infrastructure is designed to be scalable and movable, allowing for flexibility in deployment across North America to meet growing demands in energy-intensive computing sectors.
Keywords: high-performance computing, Bitcoin mining, data center infrastructure, cryptocurrency, blockchain technology, artificial intelligence infrastructure, sustainable energy, hydroelectric power, digital asset mining, publicly traded, TSX:SATO, OTCQB:CCPU.F, Romain Nouzareth, Mathieu Nouzareth, Québec data center, computational power, scalable infrastructure, AI factory, energy-intensive computing